NWH 2.81% $2.93 nrw holdings limited

Adani Coal supported by Turnbull government

  1. 1,796 Posts.
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    I know some holders on HC are not fans of the Adani project (it may be another massive, risky low margin deal) but anyway, IMO the more of these projects that get up, the better for NWH - even if it's just because of less competition for the finite list of projects next year.

    It looks like Malcolm Turnbull is not planning to change direction on Adani - in some ways it makes me think this coal mine will eventually get up in spite of the opposition to it (why would they back a project publicly that was definitely going to fail?):

    http://www.smh.com.au/federal-polit...-be-used-to-finance-coal-20150922-gjstnp.html

    Cheers
    pb
 
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